Small businesses are more than storefronts and startups — they are the economic heartbeat of communities across Texas and the nation. In honor of this National Small Business Week, Texas Capital is proud to recognize the entrepreneurs and business owners whose drive, resilience and innovation fuel job creation, economic growth and local prosperity.

For more than 60 years, National Small Business Week has celebrated the critical role small businesses play in strengthening the U.S. economy, a tradition launched in 1963 and now led annually by the U.S. Small Business Administration (SBA). Today, it’s clear just how essential small businesses remain, particularly here in Texas. 

Small Businesses: The Engine of Economic Growth

According to the SBA, small businesses represent 99.9% of all U.S. businesses and employ nearly half of the American workforce, or more than 61 million people nationwide. They are also a powerful engine for job creation. Research from the U.S. Bureau of Labor Statistics shows that small businesses have consistently outpaced large firms in net job growth, accounting for more than half of total new jobs created in recent years. 

The impact is particularly pronounced here in Texas, home to approximately 3.5 million small businesses, representing 99.8% of all Texas businesses. Together, they employ more than 5.1 million Texans — about 44% of the state’s workforce — and accounted for more than 80% of Texas job growth in 2024.

From Main Street retailers and family-owned manufacturers to fast-growing professional services firms, small businesses power nearly every industry and region of the state. Beyond employment, small businesses play a vital role in sustaining local economies. Studies from the U.S. Chamber of Commerce estimate that small businesses contribute more than 40% of U.S. GDP, generating trillions of dollars in annual economic activity while keeping capital circulating within communities.

Meeting Small Businesses Where They Are

While their impact is undeniable, small businesses also face unique challenges: access to capital, managing cashflow, hiring and retaining talent and navigating economic uncertainty. The Federal Reserve Bank of Dallas highlights that many Texas small businesses report tighter credit access and rising operating costs, reinforcing the importance of financial partners who understand their realities and champion their ambitions.

At Texas Capital, supporting small businesses means more than just providing financial products; it means building long-term relationships grounded in expertise, tailored solutions and trusted advice. Our approach is designed to help entrepreneurs navigate each stage of growth, from launching and stabilizing operations to expanding into new markets.

As an active SBA lending partner, we help eligible businesses pursue government-backed financing options that may offer greater flexibility and longer terms than conventional lending solutions.

We also offer purpose-built lending solutions for small businesses, with both lines of credit and term loans available, through our Small Business Pathway program. For daily needs, our business checking solutions provide a secure and convenient way to manage funds, including no minimum deposit or monthly service charges and access to more than 55,000 surcharge-free¹ ATMs nationwide. 

Investing in the Future of Small Business

Small businesses may be economic contributors, but they are also much more: community builders, job creators and innovators shaping what comes next. As Texas continues to grow, supporting these businesses remains essential to sustaining economic momentum across the state.

During Small Business Week and throughout the year, Texas Capital celebrates the entrepreneurs who take risks, create opportunity and strengthen the communities we call home. We remain committed to helping small businesses continue doing what they do best: building resilient local economies and turning vision into lasting impact.